Retirement In Crisis – Expanding Social Security Can Help

Unfortunately, retirement is not as secure as people believe. In fact, 67% of Americans won’t be able to afford their standard of living once they retire-including health and long term care. Nearly 2/3 of individuals rely on social security for 23% of their income, and 36% of seniors say that social security makes up 90% of their income. This proposed budget creates a new consumer price index (CPI) that helps track inflation, along with cost of living adjustments.